Fed Concerned About Inflation, Trade
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Federal Open Market CommitteeCNBC
•Business
Business & Economics
Fed worried it could face 'difficult tradeoffs' if tariffs reaggravate inflation, minutes show

80% Informative
Federal Reserve officials worried tariffs could aggravate inflation and put them in a difficult position with interest rate policy, minutes show.
Officials ultimately decided the best course was to keep rates steady.
The minutes reflect ongoing misgivings about the direction of fiscal and trade policy, the summary of the May 6-7 meeting shows.
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